Overview
At last, an accounting book for the numerically challenged.
"Accounting is truly the language of business. Success or failure is
measured in dollars, but in order to make good decisions, you need to
understand how finances drive business realities and become fluent in
the essential elements of the accounting process.
ACCOUNTING DEMYSTIFIED tells you all you need to know about the numbers
that drive business. The book uses examples of typical business
situations to demonstrate basic financial concepts, including:
* The accounting process
* Financial statements
* Making entries
* Accounts payable and accounts receivable
* Cashflow statements
* Fixed and intangible assets
* Inventory
* Liabilities
* Adjusting and closing entries
* Prepaid expenses
*Preparing a bank reconciliation
* Accounting information systems
* Stockholders equity
* Ratio analysis
ACCOUNTING DEMYSTIFIED transforms a complex and potentially intimidating
subject into something anyone can easily comprehend. This useful
resource helps you understand the basics of accounting and gives you
access to an essential part of any business equation.
For new students of accounting, entry-level accounting professionals,
and business professionals whose own work relates directly to the
numbers on the ledger, a basic understanding of core accounting
functions and documents is critical. Accounting Demystified
provides a simple and straightforward description of universal elements
of the accounting process, plus accessible tutorials in creating,
interpreting, and using financial statements. Haber's clear language
will let readers:
* understand accounting basics
* find errors quickly
* prepare accurate financial statements
* analyze financial documents
* determine the financial health of a business
* prepare a financial prospectus for potential investors and lenders
From the classroom to the back room to the board room, Accounting
Demystified serves as a valuable primer on the basics of accounting
and the purposes they serve."
About the Author
JEFFRY R. HABER is a Certified Public Accountant and financial,
strategic, and tax consultant, and an assistant professor at Iona
College. He is also the founder and former president of SUDZ
Laundromats, Inc. He lives in Brooklyn, New York.
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